It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...

Filing taxes can be challenging, and it’s easy to make mistakes like math errors, missing deductions, or choosing the wrong ...

Section 70302 appears to be a central procedural provision in the new law. Such sections often grant Treasury and the tax ...

It's no fun paying taxes, but it's worse to discover that you paid too much. Perhaps a receipt for a long-forgotten charitable donation turns up after a tax return has been filed, or you find out ...

Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...

The IRS released guidance Thursday in Rev. Proc. 2025-28 advising taxpayers how to handle making various elections, filing amended returns, and changing accounting methods for research or experimental ...